Receiver appointed in $53M Ponzi scheme case

The Detroit Free Press reports that U.S. District Judge David Lawson appointed a receiver to oversee accused financier John Bravata’s firm BBC Equities during the government’s fraud case against him.
Lawson named attorney Earle Erman, of the Southfield law firm Erman, Teicher, Miller, Zucker & Freedman, to serve as receiver of BBC Equities and a ...